Mizuho Issues Positive Forecast for Dell Technologies (NYSE:DELL) Stock Price

Key Points

• Mizuho raised its price target on Dell Technologies to $215 from $180 and maintains an "outperform" rating, implying roughly a 23.5% upside from the prior close.
• Dell beat quarterly expectations, reporting EPS of $3.89 (vs. $3.53 est.) and revenue of $33.38 billion (up 39.5% year-over-year), and set Q1 2027 and FY2027 EPS guidance at 2.90 and 12.90 respectively.
• Insider activity has been heavy: insiders sold a total of 2,595,522 shares worth about $403.1 million over the last 90 days, though insiders still own roughly 42% of the company.

Dell Technologies (NYSE:DELL - Get Free Report) had its price objective upped by research analysts at Mizuho from $180.00 to $215.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an "outperform" rating on the technology company's stock. Mizuho's price target would indicate a potential upside of 23.52% from the stock's previous close.

A number of other research analysts have also recently commented on the stock. Evercore upped their target price on shares of Dell Technologies from $160.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, March 26th. Truist Financial started coverage on shares of Dell Technologies in a research note on Tuesday, March 31st. They issued a "hold" rating and a $170.00 price target on the stock. Weiss Ratings cut shares of Dell Technologies from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. Dbs Bank upgraded shares of Dell Technologies to a "moderate buy" rating in a report on Monday, January 5th. Finally, Daiwa Securities Group upped their price target on Dell Technologies from $150.00 to $170.00 and gave the stock an "outperform" rating in a research note on Friday, March 6th. Sixteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dell Technologies presently has an average rating of "Moderate Buy" and an average price target of $168.74.

Dell Technologies Stock Down 0.2%

DELL stock opened at $174.06 on Monday. Dell Technologies has a 52-week low of $66.25 and a 52-week high of $186.39. The stock has a market cap of $112.40 billion, a price-to-earnings ratio of 19.96, a price-to-earnings-growth ratio of 0.71 and a beta of 0.88. The business has a fifty day moving average of $139.42 and a two-hundred day moving average of $137.22.

Dell Technologies (NYSE:DELL - Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping analysts' consensus estimates of $3.53 by $0.36. The business had revenue of $33.38 billion during the quarter, compared to analysts' expectations of $31.60 billion. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The company's revenue was up 39.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.68 EPS. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, sell-side analysts anticipate that Dell Technologies will post 6.93 EPS for the current year.

Insider Activity

In other news, CMO Jane Tunnell sold 28,529 shares of the company's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $152.51, for a total transaction of $4,350,957.79. Following the sale, the chief marketing officer owned 53,373 shares of the company's stock, valued at approximately $8,139,916.23. This represents a 34.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director V (Gp) L.L.C. Slta sold 459,999 shares of the stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $162.25, for a total value of $74,634,837.75. The SEC filing for this sale provides additional information. Insiders sold 2,595,522 shares of company stock worth $403,091,708 over the last 90 days. Company insiders own 42.00% of the company's stock.

Institutional Investors Weigh In On Dell Technologies

Large investors have recently bought and sold shares of the stock. Armstrong Advisory Group Inc. increased its stake in shares of Dell Technologies by 3.6% during the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company's stock worth $259,000 after buying an additional 63 shares during the period. Flagship Harbor Advisors LLC lifted its stake in Dell Technologies by 1.3% in the third quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company's stock worth $789,000 after acquiring an additional 71 shares during the last quarter. Westside Investment Management Inc. grew its holdings in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company's stock worth $43,000 after acquiring an additional 78 shares in the last quarter. Pinnacle Associates Ltd. increased its position in shares of Dell Technologies by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company's stock valued at $3,067,000 after purchasing an additional 78 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in shares of Dell Technologies by 2.3% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company's stock valued at $504,000 after purchasing an additional 81 shares in the last quarter. Hedge funds and other institutional investors own 76.37% of the company's stock.

Dell Technologies Company Profile

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.

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